GBP/USD extends decline to 1.5350

FXStreet (San Francisco) - After falling 70 pips from the 1.5420 traded in the European morning, the GBP/USD not only lost the 1.5400 figure but it declined further to test its lows since February 23 at 1.5350.

Currently, GBP/USD is trading at 1.5362, down 0.49% on the day, having posted a daily high at 1.5432 and low at 1.5354. The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is slightly bearish.

GBP/USD levels

If the pair manages to break below 1.5350, it will find next supports at 1.5330, 1.5300 and 1.5280. To the upside, resistances are at 1.5380, 1.5400 and 1.5420.